Case 5-> Chipotle: The Challenges of Integrity External Assessment a) General Environment Due to the fact that Chipotle is worried about providing customers with the best possible ingredients and in the same time‚ concerned of taking care about environment‚ animals as well as farmers‚ which in this case‚ are the main suppliers‚ we can encapsulate Chipotle in a Sociocultural segment. Another point that reinforces this statement is related to their employees and the way they benefit
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Executive Summary The fast-casual restaurant industry was the pioneered by Steven Ellis‚ the CEO of Chipotle Mexican Grill. Now considered the leader in the fast casual industry‚ Chipotle Mexican Grill (CMG)‚ first opened their doors in the spring of 1993 in heart of Denver‚ Colorado. Immediately Chipotle’s was a hit with the younger college crowd‚ and through word of mouth‚ CMG quickly became a staple for many residents near the college where the first restaurant opened. Since then‚ Chipotle has
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Introduction In October and November of 2015‚ the food chain Chipotle Mexican Grill experienced an outbreak of E. Coli O26 in 11 states (FDA). This paper will first discuss the bacterium E. Coli‚ then will move on to the main article published by the U.S. Food and Drug Administration (FDA). Articles that detail the events after the outbreak will be examined in relation to the fallout Chipotle experienced from this outbreak. Lastly‚ Chipotle’s reaction to the outbreak will be discussed. Background
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Chipotle Mexican Grill‚ Inc. (CMG)‚ a fast casual Mexican restaurant operates its 1‚316 restaurants within four countries; Canada‚ the United Kingdom‚ France‚ and the greatest majority within the U.S. Founded by Steven Ells in 1993‚ CMG performed quite receiving investment support from McDonald’s Corporation‚ which assisted with growth funding. Although it is a competitor within the restaurant industry‚ McDonald’s Corporation noticed the potential of the chain and did not view it as a direct competitor
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Sec. 002 Team 1 | GB 214 Operations Analysis: Chipotle Mexican Grill | Assignment 3: Supply Chain | | 1. Major Components/Inputs of the Product & Suppliers Chipotle uses several suppliers when ordering and receiving their food products. Chipotle’s main objective is to provide food with organic and naturally grown backgrounds. Because of these values‚ Chipotle prides itself in using suppliers that follow their guidelines of “food with integrity” structure‚ by meeting the
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mother always told me that it’s healthier for the family to eat home cooked meals. I actually like cooking‚ but sometimes it can be a burden. When the wonderful time comes to go and eat out my number one favorite place to go is the Chipotle Mexican Grill Restaurant. It is the best restaurant ever‚ no questions asked. This restaurant just makes me happy to even talk about it. The first time I went in to go eat‚ I instantly felt the great welcome and smelled the delicious Mexican food. I began to love
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Inspection February 28‚ 2014 Follow-up Inspection January 27‚ 2014 Routine Inspection July 31‚ 2013 Follow-up Inspection July 24‚ 2013 Routine Inspection January 28‚ 2013 Follow-up Inspection January 9‚ 2013 Routine Inspection * Chipotle Mexican Grill 538 East Grand River Avenue‚ East Lansing‚ MI 48823 October 17‚ 2014 Follow-up Inspection August 28‚ 2014 Routine Inspection March 3‚ 2014 Follow-up Inspection February 5‚ 2014 Routine Inspection August 23‚ 2013 Follow-up Inspection August 22
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CASH FLOWS AND FINANCIAL STATEMENTS AT SUNSET BOARDS Below are the financial statements that you are asked to prepare. 1. The income statement for each year will look like this: | Income statement | | | 2008 | | 2009 | | Sales | $247‚259 | | $301‚392 | | Cost of goods sold | 126‚038 | | 159‚143 | | Selling & administrative | 24‚787 | | 32‚352 | | Depreciation | 35‚581 | | 40‚217 | | EBIT | $60‚853 | | $69‚680 | | Interest | 7‚735 | | 8‚866 | |
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Industry Analysis Overview of the Quick Service Industry The fast food‚ or quick service restaurant industry (QSR)‚ represents approximately 200‚000 restaurants and $155 billion in sales in the U.S. alone‚ they are one of the largest segments of the food industry (Hoovers‚ 2011). This segment of the restaurant industry is “highly competitive and fragmented… number‚ size and strength of competitors vary by region‚ market and even restaurant. All of these restaurants compete based on a number of
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Chipotle Mexican Grill Chipotle Mexican Grill is a famous restaurant in the United States. Restaurant industry is considered to be unattractive field based on Porter’s five forces. Foremost‚ the threat of entry is high in restaurant industry because the customer switching costs is low and it does not require intensive capital investment as auto industry does. Most restaurants purchase raw food materials in bulk‚ which creates supply-side economies of scale. Though some restaurants have suppliers
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